What is a parking account?
Have you heard of the term parking account?Recently, high-interest products from banks have become popular.A parking account is a similar concept to a past CMA account.It refers to a bank account that can be deposited and withdrawn at any time, and at the same time, interest is added even if you deposit it for a short period of time or two.
Come to think of it, I was also using a parking account without knowing the concept of a parking account.Kakao Pay Securities accounts and Toss Bank, which receive regular deposit profits every week, are representative parking accounts.I started it because it was easy to transfer money because it was free of charge when I transfer money, but it turned out to be a parking account.
A lot of money has been released to the market due to interest rate cuts to revive the collapsed economy after the Corona Pandemic crisis at the end of 2019.And now I’m saving up the money that I’ve released due to the continuing interest rate hike.In addition, interest in deposit savings products and savings, which have been neglected for two years, is growing.
I was also not interested in saving after the expiration of the deposit savings product in 2020.However, recently, products with high-interest bank savings interest are trying to sign up even if they line up early in the morning to meet business hours.The reason why parking accounts are attracting attention recently is because they are in the era of high interest rates.Compared to long-term deposits or installment savings, it has the advantage of being able to deposit and withdraw at any time, and interest accumulated every week is also attractive.It is a bankbook that needs to keep a large amount of money for a short period of time ahead of large expenses or keeps deposits such as stock investment.We should choose wisely by comparing interest rates on parking accounts, right?
parking account interest rate comparison
Let’s look at the popular parking account interest rate comparison.Each bank has different detailed conditions, but in general, one account per individual customer is the principle, and the maximum interest rate is applied up to 50 million won.As of September 19, I will tell you the top three in the order of high interest rates compared to parking accounts.
1. OK Savings Bank OK bank account, OK Second bank account
2. Pepper Savings Bank Peppers Parking Bank Account
OK Savings Bank’s OK-eut bankbook and OK-second bankbook, which are familiar with many advertisements, are currently ranked first in the parking bankbook interest rate comparison with 3.2% and 3.3%.It is regrettable that the limit is up to 10 million won.
Pepper Savings Bank’s Peppers Parking Account is 3.2% per year, which is the top rate comparison of parking accounts.This is Pepper Savings Bank, which was unfamiliar to me because it is not in the primary financial sector, but parking accounts are also subject to the Depositor Protection Act.Up to 50 million won means that my money will be safe even if the bank goes bankrupt.You can receive the highest interest rate of 3.2% up to 50 million won, and it is a 1% annual interest rate from more than 50 million won.Another advantage is that the limit is up to 50 million won.Mobile banking fees are also waived, so you are free from transfer fees.
The downside is that the interest payment date is three months, the third Sunday of the last month of each quarter.If you want to have fun watching the interest paid daily or monthly, I recommend a different parking account.
If you open an account with Pepper Savings Bank through Naver Pay, there will be a 10,000 won Naver Pay payment event.Currently, I can’t find out if it’s expired, but if you want to create a Peppers parking account, please search in advance.
3. K-Bank Plus Box
4. Kakao Bank Safe Box
5. Toss Bank, Toss Bank Bank Bank
K-Bank Plus Box is also popular at a 2.3% high interest rate up to 300 million won or less.The maximum interest rate is applied unconditionally.Kakao Bank has a 2.2% interest rate and Toss Bank has a 2% interest rate.Toss Bank, which was popular, seems to have lost its merit in the parking account competition with other banks.However, Toss provides interest on a daily basis, so you can check the interest accumulated every day.
bankbook recommendation
Defending on the amount of money you have, you can choose the product that suits you after the maximum parking account ratesDefending on the subject of the Depositor Protection Act, 50 million won is distributed or a parking account is recommended accounting to the . If you a of I the with the .If you have a lot of extra money, the maximum limit to which the maximum interest rate is applied comes first, and if you have a small amount of money, I would like to recommend the bank with the highest interest rate.
I was using Toss Bank before, but I would like to change it to Kakao Bank, which has been upgraded this time, or Pepper Savings Bank’s Peppers Parking Account.It wasn’t a lot of money, but I needed an account to keep a large amount of money, a deposit for stock investment, and it was just the information I needed.
The U.S. big step is expected to maintain the rate hike for the time being.It takes a month to open a new bank account, so I hope you can select the right bank for you and open your account.